Two competing businesses make the same item and sell it initially for $100. One increases the price
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Two competing businesses make the same item and sell it initially for $100. One increases the price by $8 each year for 5 years, and the other increases the price by 8% each year for 5 years. What is the difference in price after 5 years?
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Lets first calculate the price increase for each business over five years Business A ...View the full answer
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Related Book For
Basic Technical Mathematics
ISBN: 9780137529896
12th Edition
Authors: Allyn J. Washington, Richard Evans
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